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Judge Dismisses States’ Lawsuit Over Fintech Charter
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Judge Dismisses States’ Lawsuit Over Fintech Charter

Judge Dismisses States’ Lawsuit Over Fintech Charter

Fintech Nexus Staff·
FintechNews RoundupUSA
·May. 2, 2018·1 min read

The case put forward by the Conference of State Bank Supervisors which challenged the OCC’s fintech charter has been dismissed because the OCC has not yet granted a charter; Judge Dabney Friedrich wrote, “There may ultimately be no case to decide at all if the OCC does not charter a Fintech…Therefore, even if CSBS had successfully alleged an injury in fact, this case is prudentially unripe.” Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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